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Accuride Chairman Stepping Down; Company Names VP/CFO

William M. Lasky, chairman of Accuride Corp.'s board of directors, has decided not to stand for re-election at the company's annual meeting of stockholders on April 24, 2012. Lasky will continue to serve as chairman of the board until his current term expires on that date.

In addition to his role as a member of Accuride's Board of Directors, Lasky agreed in September 2008 to serve as president and CEO on an interim basis while the company searched for a permanent replacement. He served in this capacity for nearly two-and-a-half years.

Lasky was appointed chairman of Accuride's Board in January 2009 and continued in that capacity after Rick Dauch joined Accuride as President and CEO in February 2011. Lasky ensured continuity of leadership and provided Dauch support as he settled in as the permanent CEO during the past 13 months.

Accuride also appointed Gregory A. Risch as vice president and chief financial officer. Risch had served in the role on an interim basis since October 2011.

Risch has served in a variety of capacities in Accuride's Finance function since joining the company in 1994, including vice president and chief accounting officer, director of financial planning and reporting, and assistant controller.

"Greg has done an outstanding job leading the company's finance team since taking over as Interim CFO last fall," says Rick Dauch, Accuride president and CEO. "He and his team helped Accuride deliver 2011 financial results within our stated guidance range and developed a solid Annual Operating Plan for 2012. Under his leadership, the company expanded its ABL credit facility and implemented other initiatives to significantly enhance Accuride's liquidity. I look forward to working closely with Greg and the rest of the Accuride leadership team as we continue to drive meaningful operating and financial performance improvements across the company."